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S&P rates Chexim notes AA-
Standard & Poor’s said it assigned its AA- long-term issue rating to the proposed benchmark-sized senior unsecured notes to be issued by Export-Import Bank of China (AA-/negative/A-1+, cnAAA/cnA-1+). The notes will be denominated in U.S. dollars and euros, respectively.
S&P also assigned its cnAAA long-term Greater China credit scale rating to the notes.
S&P said it equalized the issue rating with the long-term counterparty credit rating on Chexim.
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